The EURUSD rate falls after rising for two consecutive trading sessions. More details in our analysis for 19 November 2024. EURUSD forecast: key trading points The likelihood of a December Federal Reserve rate cut has decreased to 58% from 65% a week ago The share of overdue commercial property loans in the US exceeded 1% […]
The news environment worsens the situation, with the pound falling against the US dollar. Find out more in our analysis for 18 November 2024. GBPUSD forecast: key trading points The Rightmove UK House Price Index (y/y): previously at 1.0%, currently at 1.2% NIESR UK monthly GDP tracker: previously at 0.2% GBPUSD forecast for 18 November […]
The EURUSD pair starts the week quietly, with the US dollar maintaining its strength. Find out more in our analysis for 18 November 2024. EURUSD forecast: key trading points The EURUSD pair opened the week on a stable note All market sympathies are with the US dollar as investors expect reduced activity from the Federal […]
The US 500 stock index declined by 2.85%, but the overall trend remains upward. Find out more in our US 500 price forecast and analysis for next week, 25-29 November 2024. US 500 forecast: key trading points Recent data: US industrial production decreased by 0.3% in October Economic indicators: this measure tracks the output of […]
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 18-22 November 2024. EURUSD forecast The EURUSD pair has formed a broad consolidation range around 1.0800. Breaking below this range, it completed a move to 1.0495. The market continues to develop a downward movement towards 1.0400, […]
XAUUSD prices declined to 2,536 USD within a correction last week, where they encountered strong demand and formed a local upward reversal. More details in our XAUUSD analysis for today, 18 November 2024. XAUUSD forecast: key trading points Market focus: last week’s US inflation data aligned with forecasts Current trend: correcting within an uptrend XAUUSD […]
The USDJPY rate is rising after rebounding from the 153.90 support level. Discover more in our analysis for 18 November 2024. USDJPY forecast: key trading points BoJ Governor Kazuo Ueda indicated a potential rate hike but provided no specifics Jerome Powell reaffirmed that no interest rate cut is expected in the near term Markets continue […]
The NZDUSD pair paused its decline, with the Kiwi under pressure from the strong US dollar. Find out more in our analysis for 15 November 2024. NZDUSD forecast: key trading points The NZDUSD pair has temporarily halted its decline The instrument is hovering near an annual low, and the outlook remains negative NZDUSD forecast for […]
The US 30 stock index corrected by 2.30% after reaching an all-time high. However, it is too early to consider a trend reversal. Discover more in our US 30 price forecast and analysis for next week, 18-22 November 2024. US 30 forecast: key trading points Recent data: the Producer Price Index (PPI) was 2.4% year-on-year […]
The USDJPY pair continues its ascent as investors assess Japan’s GDP data. Discover more in our analysis for 15 November 2024. USDJPY forecast: key trading points The USDJPY pair moves in line with the rally Investors assess the latest Japanese GDP statistics USDJPY forecast for 15 November 2024: 157.15 Fundamental analysis The USDJPY rate surged […]